TORSVÅGBRUKET AS

9136 VANNAREID

Finances

Return on Equity

23,5 %

Current Ratio

0,49

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 088 000	68 046 000	64 350 000	69 639 000
Net Income	3 260 000	793 000	−3 834 000	619 000
Total Assets	35 967 000	33 974 000	43 450 000	47 226 000
Total Equity	13 870 000	10 610 000	9 817 000	11 552 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 088 000	68 046 000	64 350 000	69 639 000
Expenditure	75 366 000	63 951 000	64 626 000	62 928 000
Operating Profit	4 694 000	1 386 000	−4 267 000	2 006 000
Financial Income	335 000	319 000	556 000	480 000
Financial Costs	927 000	688 000	1 204 000	1 687 000
Financial Balance	−592 000	−369 000	−648 000	−1 207 000
Earnings Before Tax	4 102 000	1 017 000	−4 914 000	799 000
Tax	842 000	224 000	−1 081 000	181 000
Net Income	3 260 000	793 000	−3 834 000	619 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 375 000	29 647 000	31 834 000	26 637 000
Total Current Assets	7 592 000	4 327 000	11 616 000	20 589 000
Total Assets	35 967 000	33 974 000	43 450 000	47 226 000
Total Retained Equity	646 000	−2 614 000	−3 407 000	8 352 000
Total Equity	13 870 000	10 610 000	9 817 000	11 552 000
Total Long-Term Debt	6 713 000	7 784 000	8 548 000	9 750 000
Total Current Debt	15 384 000	15 580 000	25 086 000	25 923 000
Total Equity and Debt	35 967 000	33 974 000	43 450 000	47 226 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 079 000	66 800 000	63 165 000	69 274 000
Other Income	2 009 000	1 246 000	1 185 000	366 000
Revenue	80 088 000	68 046 000	64 350 000	69 639 000
Cost of Goods Sold	55 811 000	45 210 000	47 147 000	44 815 000
Salary Costs	11 278 000	10 525 000	9 626 000	10 468 000
Depreciation	2 357 000	2 875 000	2 697 000	2 711 000
Impairment	0	0	0	0
Expenditure	75 366 000	63 951 000	64 626 000	62 928 000
Operating Profit	4 694 000	1 386 000	−4 267 000	2 006 000
Financial Income	335 000	319 000	556 000	480 000
Financial Costs	927 000	688 000	1 204 000	1 687 000
Financial Balance	−592 000	−369 000	−648 000	−1 207 000
Dividends	0	0	0	0
Net Income	3 260 000	793 000	−3 834 000	619 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 034 000	879 000	709 000	549 000
Real Eastate	17 053 000	18 213 000	19 424 000	20 579 000
Machinery and Plant Facilities	1 101 000	0	0	0
Fixtures	1 560 000	2 687 000	4 151 000	4 952 000
Total Tangible Assets	19 714 000	20 900 000	23 575 000	25 530 000
Total Fiancial Fixed Assets	7 627 000	7 868 000	7 550 000	558 000
Total Fixed Assets	28 375 000	29 647 000	31 834 000	26 637 000
Stock	5 877 000	3 486 000	7 736 000	13 222 000
Total Investments	0	0	0	0
Cash, Bank	292 000	296 000	297 000	269 000
Total Current Assets	7 592 000	4 327 000	11 616 000	20 589 000
Total Assets	35 967 000	33 974 000	43 450 000	47 226 000
Total Equity	13 870 000	10 610 000	9 817 000	11 552 000
Short-Term Group Debt	9 653 000	12 049 000	21 672 000	20 439 000
Total Long-Term Debt	6 713 000	7 784 000	8 548 000	9 750 000
Creditors	2 268 000	523 000	566 000	780 000
Unpaid Taxes	1 289 000	1 297 000	1 804 000	3 200 000
Dividends	0	0	0	0
Other Current Debt	1 178 000	1 317 000	1 043 000	1 177 000
Total Current Debt	15 384 000	15 580 000	25 086 000	25 923 000
Total Equity and Debt	35 967 000	33 974 000	43 450 000	47 226 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,5 %	7,47 %	−39,05 %	5,36 %
Debt-to-Equity Ratio	0,48	0,73	0,87	0,84
Operating Profit Margin	5,86 %	2,04 %	−6,63 %	2,88 %
Current Ratio	0,49	0,28	0,46	0,79
Quick Ratio	0,8	0,36	0,67	1,62
Equity Ratio	0,39	0,31	0,23	0,24
Gross Profit Margin	30,31 %	33,56 %	26,73 %	35,65 %